Q: Dennis Jones, an old college friend, contacted you last week
Dennis Jones, an old college friend, contacted you last week Dennis owns several car washes, and he believes that financial statement fraud may be occurring. (He pays each car wash manager a bonus if...
See AnswerQ: Perpetrators use trickery, confidence, and deception to commit fraud.
Perpetrators use trickery, confidence, and deception to commit fraud.
See AnswerQ: Your boss knows that you are taking a fraud examination course at
Your boss knows that you are taking a fraud examination course at a local university. He is interested in learning more about data-driven fraud detection and asks you to prepare a short memo briefly e...
See AnswerQ: By ordering unnecessary products at inflated prices, the purchasing manager of
By ordering unnecessary products at inflated prices, the purchasing manager of XYZ Company defrauded his employer of over $40,000 over a two-year period. 1. How could you have detected this fraud?
See AnswerQ: As CEO of your company, you've been going over your financial
As CEO of your company, you've been going over your financial statements and have noticed something disturbing. You perform a horizontal analysis and find that sales have been increasing at a rate of...
See AnswerQ: 1. Compare the first-digit frequency in the transactions in
1. Compare the first-digit frequency in the transactions in this table below with Benford's Law. What are the results? 2. Could fraud be occurring in this organization?
See AnswerQ: As an internal auditor for CRA, Inc., you are assigned
As an internal auditor for CRA, Inc., you are assigned to a team working on an ongoing project to identify possible fraud. The project started with time trend analysis of purchase prices of all items...
See AnswerQ: ABC Company is a relatively small dry-cleaning operation that has
ABC Company is a relatively small dry-cleaning operation that has a very steady level of business. Since the company hired a new employee, however, cash inflows have decreased and the amount of promot...
See AnswerQ: You are a fraud examiner who has been hired by Bellevue company
You are a fraud examiner who has been hired by Bellevue company to carry out an investigation. Bellevue is a beverage company that has experienced increased shipments of beverages but no increase in r...
See AnswerQ: A man in San Rafael County was discovered committing workers' compensation fraud
A man in San Rafael County was discovered committing workers' compensation fraud. He had been observed working while at the same time receiving disability benefits. Surveillance showed the man working...
See Answer
